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ALPHABET AI MODEL DELAYS
Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
Google Gemini app now has 950 million monthly active users: Sundar PichaiIn a blog post, Pichai said new features such as Daily Brief and the personalised Gemini Spark assistant have fuelled the company's rapid g...
Cloud, AI & Capex: 5 big takeaways from Alphabet's Q2 earningsAlphabet beat Q2 revenue estimates on strong cloud and advertising growth, but higher AI spending and increased capital expenditure guidanc...
Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
Alphabet's quarterly earnings beat Wall Street estimates, but here's what is spooking investorsAlphabet announced strong second-quarter earnings, but its shares declined significantly. The company plans to substantially increase its c...
Pichai pushes back on claims Google is losing ground in AI raceThe latest setback has fueled worries that Google was losing momentum just as OpenAI and Anthropic and a host of Chinese rivals have acce...
Global Market Today: Asian shares rise as chipmakers gain, oil climbsAsian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi m...
Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
US stocks today: S&P 500, Nasdaq close lower amid mixed show by tech stocks ahead of earningsU.S. markets ended mixed with Nasdaq under pressure as software stocks dragged while chip stocks gained. Investors remained cautious ahead ...
US Stock Market: Big tech's AI spending boom raises cash flow concerns despite early returnsAmerica's biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putti...
Analysis-AI investment boom puts Big Tech's free cash flow under pressureBig tech firms are investing heavily in artificial intelligence infrastructure. Their capital expenditures may soon exceed free cash flow g...
Google updates lightweight Gemini models, but flagship still delayedGoogle launched three new Gemini AI models, offering cost-effective solutions. The company has not provided a release date for its flagship...
Alphabet's Gemini delay, spending worries loom over earningsThe Google parent - set to report second-quarter results on Wednesday - has delayed from June the launch of its next flagship model, Gemini...
Google plans new chip to run Gemini models more efficiently: ReportThe Alphabet-owned company expects the new chip, informally dubbed "Frozen v2," to help address an AI computing capacity crunch that has f...
Moonshot is creating new winners and losers in the AI tradeThe Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and An...
Global Market: AI-driven chip rally stumbles as investors question lofty valuations after sharp selloffGlobal artificial intelligence stock rallies experienced a sharp setback last week. Investors are now reassessing expectations surrounding ...
Wall Street's chip index enters bear market! Is the AI bubble finally going bust?Wall Street's semiconductor index slipped into bear market territory after tumbling more than 20% from its June peak, raising fresh questio...
Elon Musk's SpaceX in talks to supply the Pentagon with computing power: ReportAccording to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling co...
Chipmakers and other high-flying stocks slide as AI trade wobblesAs July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-tak...
Google Gemini launch delayed as tech falls short of internal goalsThe delay comes amid fierce competition among AI developers to boost model performance, cut costs and expand enterprise capabilities, fue...